Business Services Industry

Profit upgrade pushes ASG to a record.(Financial report)

Australasian Business Intelligence, May, 2007

Byline: Joshua Gliddon

May 23, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Western Australian (WA) IT services company ASG Group has significantly increased its profit forecast. The group announced on 23 May 2007 that it expected EBITDA for 2006-07 to be at least $A10.7m. This is 48.6 per cent more than the previous year's result. ASG has recently won contracts for IT support services with the WA Department of Education & Training and the Victorian Metropolitan Ambulance Service. Its shares closed up $A0.08 after the announcement to a 12-month high of $A1.20.

Publication Date: 24 May 2007

ASG GROUP LIMITED - ASX ASZ

FORESIGHT SECURITIES PTY LTD

WESTERN AUSTRALIA. DEPT OF EDUCATION AND TRAINING

VICTORIAN...

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